
Reseda, California 91335
This Versatile Multi-Generational Estate is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,611,243 Fair Market Value by 7%. This valuation gap offers $116,243 in Instant Equity for incoming buyers. Featuring an Excellent Condition Rating, the property includes a brand-new kitchen, Junior ADU with separate meters, and a newly plastered pool. Located in a quiet Reseda pocket near Northridge, it provides rare 7-bedroom capacity and modern system upgrades. This is an ideal asset for Owner-Occupants looking to house-hack or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6930 Balcom Subject | $1,495,000* List Price | 7 | 6 | 3,208 | $466 | - |
A 7315 Jamieson Avenue Sold | $1,350,000 | 7 | 4 | 2,560 | $527 | 0.5 mi |
B 7512 Jamieson Ave Sold | $1,050,000 | 6 | 4 | 1,979 | $531 | 0.7 mi |
C 18149 Welby Way Active Under Contract | $1,329,000 List Price | 8 | 5 | 3,100 | $429 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone an extensive and high-quality renovation within the last five years, including a brand-new kitchen completed less than two months ago. The interior features modern large-format tile flooring throughout, updated recessed lighting, and new electrical outlets and switches. The kitchen is equipped with contemporary white shaker cabinetry, stone countertops with a full-height backsplash, and modern stainless steel appliances. Bathrooms have been updated with new vanities and tiled walk-in showers. Furthermore, the home features significant system upgrades such as dual tankless water heaters, new windows, and newly updated pool equipment, meeting the criteria for excellent condition.
The property features a Junior ADU with a separate entrance and independent utility meters (two gas and two electric), providing an ideal setup for rental income or multi-generational living.
Boasting a brand-new kitchen, updated electrical systems, new windows, and fresh interior paint, the home offers a modern, move-in-ready aesthetic with significantly reduced immediate maintenance needs.
With 7 existing bedrooms and the flexibility to convert a dining area into an 8th, this home provides rare capacity for large families or high-occupancy residential needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3208, other record living area = 2267. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
The property was recently sold within the past year on 2025-05-23. The sold price is $1,210,000.00.
The substantial 3,208 square foot living space and pool area occupy a large portion of the 6,439 square foot lot, leaving minimal traditional yard or green space.
Welcome to 6930/6932 Balcom Ave. Spacious and beautifully updated, this 7-bedroom, 6-bathroom home offers exceptional flexibility and modern upgrades. One of the original bedrooms is currently used as a dining area adjacent to the living room and can easily be converted back into an 8th bedroom, if desired. The home features a junior ADU with its own separate entrance, currently accessible from inside as well, ideal for extended families. The interior access can be easily closed to allow the ADU to function independently as a rental. Additional highlights include two electric meters, two gas meters, and two tankless water heaters. A brand-new kitchen remodel completed less than two months ago, new electrical lighting, outlets and switches throughout, fresh interior paint, and new sliding doors and rear windows add to the home’s move-in-ready appeal. Enjoy a private outdoor space designed for entertaining, complete with a newly plastered pool with newer equipment and direct access to a restroom from the backyard, a rare and highly functional feature. Located on a quiet residential street in a desirable pocket of Reseda, with convenient access to nearby Northridge, Encino and Tarzana, offering easy access to shopping, dining and major thoroughfares.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 96% |
| Baths | 6.0 | 2.0 | 97% |
| Square foot | 3,208 | 1,540 | 96% |
| Lot Size | 6,439 | 6,614 | 39% |
| Price | $1.50M | $850.0K | 96% |
| Price per sq ft | $466 | $552 | 20% |
| Built year | 1949 | 1952 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 176 | 22% |
Jan 22, 2026
$1,495,000
Initial Listing
May 23, 2025
$1,210,000
Public Record
Nov 7, 2012
$390,000
Public Record
Jul 16, 2012
$265,000
Public Record